Comment by JumpCrisscross

> Europe doesn’t need new entrants. They got legacy automakers that are no worse at making EVs than Chinese and American startups

Innovator's dilemma. It's not a coincidence that the two largest EV makers in the world are battery natives [1], and that they outproduce Nos. 3 (Geely), 4 (GM) and 5 (VW) combined.

[1] https://www.fool.com/research/largest-ev-companies/